President of the United States

Person

Last mentioned: 2d ago

Timeline

  1. Market Analysis

    Firms like Wipfli begin assessing the impact on corporate tax and supply chain strategy.

  2. SCOTUS Ruling

    The Supreme Court holds that IEEPA does not authorize the imposition of tariffs.

  3. Executive Expansion

    Successive administrations increasingly use IEEPA for trade-related actions and tariff threats.

  4. IEEPA Enacted

    Congress passes the International Emergency Economic Powers Act to manage foreign threats.

Stories mentioning President of the United States 1

Financial Regulation Neutral

Supreme Court Curbs Executive Power: No Tariffs Under IEEPA Statute

The U.S. Supreme Court has ruled that the President lacks the authority to impose tariffs using the International Emergency Economic Powers Act (IEEPA), reclaiming trade-taxing power for Congress. This landmark decision significantly limits the executive branch's ability to use trade barriers as a unilateral tool of foreign policy.

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